-
1370 Don Mills Road, Suite 300,
Toronto, Ontario M3B 3N7 Canada - info@emjcapital.ltd
- 416-897-9263
Menu
Generalist Approach
EMJ Capital believes that, over time, a generalist approach underlying an investment strategy seeking to find the next generation of growth companies is vastly superior to a specialist approach.
EMJ hires for and promotes team members with a variety of inter-disciplinary backgrounds rather than one right way of viewing the world.
A team of inter-disciplinary, collaborative data scientists managing for performance despite risks is the ideal background to execute our Best Ideas strategy.
Generalists Win in a Specialized World – ESPN
David Epstein, Author of “Range” spoke with Pablo Torre on ESPN in March 2021, to discuss the science, history, and habits behind the world’s top athletes. Specializing in a particular sport, Epstein states, does not lead to better performance – the Generalist Approach does.
A Generalist Approach Beats a Specialist Approach Over Time
- Better and more creative ideas → Alpha
- Real life operational experience has led to better, more knowledgeable tech contacts which in turn lead to better ideas → Alpha
- We don’t look for data science solutions under the lamplight → Alpha
- Focused on the earlier part of the growth curve than a bigger more diversified tech portfolio – more wood behind the best ideas → Alpha
EMJ Capital – Operational Approach
- Typically more concentrated positions
- Longer hold times – often several years
- Seeking alpha via unusual company ideas
- Willingness to ride out periods of market volatility
- Data science prioritized
- Interdisciplinary backgrounds – analysts that debate ideas
- Team collaboration
- Look for best ideas
EMJ Capital – Generalist Approach
- Data scientists before Analysts
- Inter-disciplinary backgrounds over silo’ed niche backgrounds
- Collaboration, debate, ideas not lamplight solutions
- Managing for performance despite risks rather than managing for risk over performance
Subscribe to the EMJ Capital Tech & Media eNews
Sign up to receive the latest on EMJ Capital, including Eric’s writings on the tech industry. You will receive them in your inbox before they are published anywhere else.